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Field Trip Health Ltd. Announces Closing of $95 Million Bought Deal Financing


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TORONTO, March 17, 2021 (GLOBE NEWSWIRE) Field Trip Health Ltd. (CSE: FTRP; FTRP.WT; OTCQX: FTRPF) (
Field Trip ), a leader in the development and delivery of psychedelic therapies, is pleased to announce that it has closed the bought deal short form prospectus offering previously announced on February 25 and 26, 2021, including the full exercise of the underwriters’ over-allotment option (the
Offering ). In connection with the Offering, Field Trip issued 14,661,499 common shares, (“
Common Shares”) at a price of C$6.50 per Common Share, for aggregate gross proceeds of $95 million.
The lead investor in the Offering was Soleus Capital with additional participation by Avidity Partners, Sphera Funds, Pura Vida Investments, Jennison Associates and other healthcare specialized institutional investors. ....

United States , Hannan Fleiman , Elizabeth Barker , Donna Wong , Rachel Moskowitz , Paula Amy Hewitt , Nick Opich Mckenna Miller , Nathan Bryson , Guy Levy , National Instrument , Canaccord Genuity Corp , Borden Ladner Gervais , Bloom Burton Securities Inc , Bennett Jones , Strategic Communications , Field Trip Health Ltd , Neither The Canadian Securities Exchange , Jennison Associates , Autumn Communications , Regulation Services Provider , Field Trip Health , Ctrip Health , Field Trip , Common Share , Soleus Capital , Avidity Partners ,

Field Trip Health announces closing of financing deal worth $95 million


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Toronto-based Field Trip Health Ltd., has announced it has closed a common share deal worth $95 million.
The lead investor was Soleus Capital, a private equity firm based in Greenwich, Conn. Additionally, Avidity Partners, Sphera Funds, Pura Vida Investments, Jennison Associates and other healthcare-specialized institutional investors took part in the deal.
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Field Trip Health announces closing of financing deal worth $95 million Back to video
“These are truly the pre-eminent biotech and pharma investors out there,” Ronan Levy, co-founder and executive chairman of Field Trip Health, told ....

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